Sensex Jumps 440 Points, Nifty Climbs to 21,853, Rupee Rises 7 Paise – News18

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Sensex Jumps 440 Points, Nifty Climbs to 21,853, Rupee Rises 7 Paise – News18


Sensex, Nifty Today. (Representative image/Reuters)

Sensex, Nifty Today. (Representative picture/Reuters)

The BSE Sensex jumped 440.33 factors to settle at 72,085.63, whereas the NSE Nifty climbed 156.35 factors to 21,853.80

A day after the presentation of the Interim Budget 2024, home benchmark fairness indices settled on a better notice on Friday, February 2. The BSE Sensex jumped 440.33 factors to settle at 72,085.63, whereas the NSE Nifty climbed 156.35 factors to 21,853.80.

The rupee additionally rose 7 paise to shut at 82.91 (provisional) towards the US greenback.

Among the 30 shares of Sensex, 21 ended the day in inexperienced monitoring a rally in world markets. Top gainers have been Power Grid, NTPC, Tata Consultancy Services (TCS), Tata Steel, and JSW Steel rising up to 4.10 per cent. On the opposite hand, people who suffered essentially the most losses have been Axis Bank, HDFC Bank, Hindustan Unilever, ITC, and Larsen & Toubro falling up to 1.42 per cent.

In the afternoon commerce at round 12 pm, the Nifty jumped 429.35 factors to an all-time excessive stage of twenty-two,126.80. At the identical time, the 30-share BSE Sensex additionally climbed 1,444.1 factors to 73,089.40.

In Asian markets, Seoul and Tokyo settled within the constructive territory whereas Shanghai and Hong Kong ended within the crimson. European markets have been buying and selling within the inexperienced. The US markets ended with important positive aspects on Thursday.

Prashanth Tapse, senior VP (analysis) of Mehta Equities, mentioned, “The Bull market at Dalal Street is thriving, fueled by positive developments such as Wall Street’s surge, a 3 per cent drop in WTI Oil prices, and the promising Interim Union Budget. With a focus on sectors like consumption, defence, railways, hotels, services, and electronics, the goal of India’s $5 trillion economy is in sight.”

Global oil benchmark Brent crude climbed 0.42 per cent to $79.03 a barrel. Foreign institutional buyers (FIIs) offloaded equities price Rs 1,879.58 crore on Thursday, in accordance to change knowledge.

The BSE benchmark declined 106.81 factors or 0.15 per cent to settle at 71,645.30 on the Budget day on Thursday. The Nifty dipped 28.25 factors or 0.13 per cent to 21,697.45.



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